author - oman observer

The British government said on Friday that it would back two large proposals to capture carbon dioxide emissions from industrial plants and bury the gas beneath the Sea of Oman. The government, which...

Two European energy giants, TotalEnergies of France and Shell of Britain, are considering moving their stock listings to New York, as pressure mounts for them to improve their valuations, which lag...

Some 24 million British households received distressing news on Friday: Starting October 1, they will be paying 80 per cent more for energy, or a total of 3,549 pounds (about $4,200) over the course...

Russia is moving to take over an important natural gas joint venture, putting the investments of Shell and two Japanese energy trading companies at risk in a seizure of a significant foreign...

Saudi Aramco, the world’s largest oil company, said it plans to use its enormous profits from last year to double down on boosting oil output capacity and move into shale drilling, which has...

Oil prices slumped ON Friday, falling more than 3 per cent before recovering lost ground later in the day, as Western leaders sounded the alarm about an imminent Russian invasion of Ukraine.Markets...